Wiz Emerges from Stealth with $100 Million Series A and Cloud Security Platform
Summary
Wiz announced a $100 million Series A and unveiled a cloud security platform that it says scans cloud environments without agents or sidecars for vulnerabilities, configuration, network, and identity issues.
Key points
- Wiz said the Series A was led by Index Ventures, Sequoia Capital, Insight Partners, and Cyberstarts.
- The company said its platform scans cloud environments across compute types and cloud services without agents or sidecars.
- Wiz says the platform identifies vulnerabilities, configuration, network, and identity issues, aiming to highlight critical risks.
- The company said it had secured Fortune 100 customers within nine months of starting work.
- Wiz plans to use the funding to scale its product, customer base, and team in 2021.
Article Details
- Event Type
- Wiz emerged from stealth and announced a $100 million Series A funding round to develop and scale its cloud security solution.
- Impact
- The funding will support Wiz’s product, customer base, and team growth. Its solution scans cloud environments for vulnerabilities, configuration, network, and identity issues without agents or sidecars; the company said it had already gained Fortune 100 customers.
People
Ami LuttwakWiz co-founder.Doug LeoneSequoia Capital managing partner joining Wiz’s board.Gili RaananCyberstarts representative joining Wiz’s board.Jeff HoringInsight Partners managing director joining Wiz’s board.Roy ReznikWiz co-founder.Shardul ShahIndex Ventures partner joining Wiz’s board.Yinon CosticaWiz co-founder.